Saving for a down payment and escalating home prices are two reasons that make it difficult for low income homebuyers to purchase a home. Did you know that the USDA 502-Direct loan program solves these issues and more for homebuyers? Designed for low income families purchasing homes in rural areas, this loan offers a 0% […]

An important factor in buying your new home is your credit score. This score helps determine the type of loan you qualify for, the interest rate you pay, how much you can spend on a home, and in some cases if you can buy a home at all.

At the onset of each Home Buyer Seminar, everyone in attendance answers a simple question: “How much are you prepared to spend on your monthly mortgage compared to your rent?” The question is simple enough, and most people say they are prepared to spend about $200 more on their future mortgage than they are currently paying for rent. On the surface $200 seems reasonable enough, right?

Why do you want to purchase a home? People buy homes for many reasons: freedom, space, and stability to name a few. Buying a home takes a considerable amount of your time, energy, and money; you may even feel like you have a new part time job. There are many ups and downs, but if […]